If the price of rare earth raw materials drops further or industry competition intensifies
Posted: Tue Feb 18, 2025 4:12 am
The future, and the company cannot respond in a timely and effective manner, the company will face the risk of a decline in operating performance.
In recent years, competition in the domestic highperformance rare earth permanent magnet market has become increasingly fierce. Major rare earth permanent magnet material manufacturers have frequently resorted to price cuts to maintain their market share. Downstream manufacturers have also generally implemented control over procurement prices to reduce costs, further intensifying industry competition. Currently, rare earth permanent magnet materials are characterized by oversupply of medium and low performance materials and shortage of high performance materials.
From the perspective of the global competition landscape, participants hong kong phone number list s in the sintered NdFeB industry are mainly concentrated in China, Japan, etc. Foreign sintered NdFeB manufacturers with a certain scale include Germany's VAC, Japan's Hitachi Metals Neomax, TDK, and ShinEtsu Chemical. my country's major companies in the same industry that export rare earth permanent magnet materials include Zhongke Sanhuan, Ningbo Yunsheng, Zhenghai Magnetic Materials, Innuowa, Jinli Permanent Magnet, Zhongke Magnetics, and Tianhe Magnetic Materials.
During the reporting period, the gross profit margin of Tianhe Magnetic Materials' main business was 17.09%, 16.00%, 13.18% and 12.96% respectively, showing a downward trend year by year. Among them, from 2021 to 2023, the company's main business gross profit margin was lower than the average of listed companies in the same industry.
In recent years, competition in the domestic highperformance rare earth permanent magnet market has become increasingly fierce. Major rare earth permanent magnet material manufacturers have frequently resorted to price cuts to maintain their market share. Downstream manufacturers have also generally implemented control over procurement prices to reduce costs, further intensifying industry competition. Currently, rare earth permanent magnet materials are characterized by oversupply of medium and low performance materials and shortage of high performance materials.
From the perspective of the global competition landscape, participants hong kong phone number list s in the sintered NdFeB industry are mainly concentrated in China, Japan, etc. Foreign sintered NdFeB manufacturers with a certain scale include Germany's VAC, Japan's Hitachi Metals Neomax, TDK, and ShinEtsu Chemical. my country's major companies in the same industry that export rare earth permanent magnet materials include Zhongke Sanhuan, Ningbo Yunsheng, Zhenghai Magnetic Materials, Innuowa, Jinli Permanent Magnet, Zhongke Magnetics, and Tianhe Magnetic Materials.
During the reporting period, the gross profit margin of Tianhe Magnetic Materials' main business was 17.09%, 16.00%, 13.18% and 12.96% respectively, showing a downward trend year by year. Among them, from 2021 to 2023, the company's main business gross profit margin was lower than the average of listed companies in the same industry.